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EXCEL - IDEA: XBRL DOCUMENT - RAINBOW INTERNATIONAL, CORP.Financial_Report.xls
10-Q - FORM 10-Q - RAINBOW INTERNATIONAL, CORP.rainbow10q2q12v1.htm
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EX-31 - EXHIBIT 31 - RAINBOW INTERNATIONAL, CORP.rainbow10q2q12ex31.htm
EX-32 - EXHIBIT 32 - RAINBOW INTERNATIONAL, CORP.rainbow10q2q12ex32.htm
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v2.4.0.6
Rainbow International Corp. (A Development Stage Company) - Consolidated Statements of Cash Flows (USD $)
6 Months Ended 19 Months Ended
Nov. 30, 2012
Nov. 30, 2011
Nov. 30, 2012
OPERATING ACTIVITIES      
Net (loss) $ (725,772) $ (3,350) $ (772,608)
Adjustment to reconcile net loss to net cash used by developmental stage activities:      
Depreciation 27,908 0 27,908
Rounding 1 0 1
Change in current assets and liabilities:      
Inventory 0 0 0
Other assets (1,651) 0 (6,651)
Accounts payable and accrued expenses 23,174 (4,781) 23,174
Net cash flows from operating activities (676,340) (8,131) (728,176)
INVESTING ACTIVITIES      
Purchase of fixed assets (290,780) 0 (290,780)
Net cash flows from investing activities (290,780) 0 (290,780)
FINANCING ACTIVITIES      
Proceeds from sale of common stock 0 21,600 24,600
Stock subscription 377,114 0 641,982
Advances (payments) from shareholder 351,020 0 356,580
Net cash flows from financing activities 728,134 21,600 1,023,162
Net cash flows (238,192) 13,469 4,206
Cash and equivalents, beginning of period 243,192 3,100 0
Cash and equivalents,end of period 4,206 16,569 4,206
Supplemental Disclosures of Cash Flow Information - Cash Paid For:      
Cash paid for interest 0 0 0
Cash paid for income Taxes $ 0 $ 0 $ 0